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Tag: Labor economy

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs

World Rebecca Picciotto -
U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS...

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

Business Leslie Josephs -
A pilot performs a walkaround before a United Airlines flightLeslie Josephs/CNBCU.S. passenger airlines have added nearly 194,000 jobs...

European stocks end week down 2.5%, worst since early August slump

World Jenni Reid,Karen Gilchrist -
LONDON — European stocks closed lower Friday afternoon, paring earlier gains after a weaker than expected U.S. jobs...

What investors should know about the UAW’s organizing drive of VW

Business naresh699 -
Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024...

Chrysler parent Stellantis laying off 400 salaried U.S. workers due to ‘unprecedented uncertainties’

Business naresh699 -
The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan....

UAW says VW workers at Tennessee plant file for union election

Business naresh699 -
A Volkswagen EV ID.4 crossover at the Volkswagen of America plant in Chattanooga, Tenneessee, on June 8, 2022.Michael...

Weight loss drug Wegovy is now approved for heart health — but that won’t mean broad insurance coverage just yet

Business naresh699 -
Victoria Klesty | ReutersIn the U.S., Wegovy is no longer just for weight loss.The blockbuster drug — one...

Companies — profitable or not — make 2024 the year of cost cuts

Business naresh699 -
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting...

UAW threatens to strike Ford truck plant in Kentucky if local issues aren’t resolved

Business naresh699 -
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit...

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

Business naresh699 -
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of...

The 2023 U.S. economy, in a dozen charts

Business naresh699 -
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New...

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